Latest Key Developments (Source: Significant Developments)

Oct 22 (Reuters) - Sogefi SpA ::9-MONTH REVENUE EUR 1.22 BILLION VERSUS EUR 1.24 BILLION YEAR AGO.9-MONTH NET PROFIT EUR 23.1 MILLION VERSUS EUR 27.9 MILLION YEAR AGO.SAYS THE GROUP EXPECTS TO ACHIEVE A FULL YEAR NET RESULT IN LINE WITH THAT OF 2017.
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Aug 30(Reuters) - Sogefi SpA ::SAID ON WEDNESDAY IT HAD SIGNED AN AGREEMENT CONCERNING CLAIMS MADE BY TWO CLIENTS OF ITS UNIT SOGEFI AIR & COOLING RELATING TO SUPPLY OF A DEFECTIVE COMPONENT.THE AGREEMENT WILL CLOSE ALL OUTSTANDING DISPUTES.THE AGREEMENT WILL RESULT IN A POSITIVE IMPACT OF EUR 6.6 MLN PRETAX AND EUR 4.3 MLN IN NET PROFIT, DUE TO THE ACCRUALS BOOKED IN PRIOR YEARS.
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